1. Usually sober-minded analysts, accustomed to the auto industry’s slow growth, seem to shed their inhibitions when it comes to Tesla. Rod Lache of Deutsche Bank has attached a $310 price target on the stock. Not to be out-done, Adam Jonas of Morgan Stanley established a $320 price target and calls Tesla it the “most important car company in the world”.
2. Samsung’s comment was shorter: “Media reports of the acquisition are groundless.”
5. Song “Beautiful China”(Sha Baoliang and Xu Qianya)
6. China has ample foreign exchange reserves to satisfy the demands of imports and short-term debt repayments.